Top Jimmy

Anyone here file a claim on Diminished Value that can provide me with some tips. Had a guy attempt to make a left hand turn across traffic just as I was coming up to him and he caught me on the passenger side down to the back end of my 2014 TTS. As part of my insurance, the company is sending me the paper work to file the claim for the loss in value and I don't want to mess this up.

-TJ

A few pictures of the damage.

Joec500

This is a heartbreaking thread. Good Luck, I believe there are attorneys that specialize in these claims, you may want to research professional help, especially with a car of this value.

vodkag

ouch...!!!

looks like a lot more damage on the TT vs the old Ford Explorer

Randy M

Your insurance company will definitely try to hose you on this. Don't waste your time, get a lawyer who specializes in this.

Joec500

Honestly I would fight to get this car totaled

991carreradriver

If there is a substantial amount of diminished value, the TTS may very well get totaled.

saeyedoc

Even if it's totaled, you may need to fight to get the right value.

goldduster

I believe diminished value claims vary by state. The only good is that your insurance company may be more lenient on your claim since they will be subrogating against the other insurance co. (unless you both have the same insurance company, then lookout!)

docmalone

I had a TTS that was repaired, 52K total repair bill. I obtained a diminished value report from two different companies and obtained trade in estimates in writing from several Porsche dealers and high end used dealers (including one company declining to make an offer due to history of collision).
Do not tell any of the dealers you are trying to get diminished value, they will not help you. In my case, I got trade offers of 139K before they knew about collison and 117 to 120K after they knew. I provided all information to the other party's insurance with a strongly worded demand letter taken from the internet and was able to get a fair offer without a lawyers fees. But I was lucky, many companies will fight you tooth and nail and offer a piddly 10%.
PM me if you want more specifics.
Of course, if the car is totaled you wont need to worry about this, It is a bit of a hassle.

Hurricane

Photos make me sick. So sorry to hear this!

USMC10

I'm with Hurricane on this. I go so far as to not even watch Nürburgring highlights ​​​​​whenever a crash involves a Porsche. It just pains me to see.

Good luck with your claim. Please keep us posted with how this turns out. Inevitably you're research will help others down the road.

PorscheFrank

Sorry to hear about this and best of luck in getting fair value. Please let us know how it turns out.

Good advice from docmalone.

dkmesa

Hire someone who specializes in diminished value to prepare an appraisal for insurance. No matter what you put on the form insurance provided, their offer will be really low. I have not resorted to this in the past, as I have only had a couple opportunities and they were both cheap cars, but many have recommended that route in the past.

ClassJ

You need an attorney unfortunately.

I went through this. The attorney hired an expert witness to evaluate the car post repair and make a determination of loss.

spiderv6

My first thought when I saw the pic was...."that is not economically repairable..."

I hope it isn't for you - that's a far easier fight than DV.